Four Reasons Why Monday Might Be the Last ExitEvent Startup Social - 1

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Four Reasons Why Monday Might Be the Last ExitEvent Startup Social - 1
If you're an entrepreneur or an investor, I gently implore you to go here and RSVP for Monday's ExitEvent Startup Social. And please show up, drink the free, locally-brewed craft beer, talk to your peers, and play or watch people play ping-pong for the glory of your or their startup.

That's really all you have to do. And it's all free. And it could be the last time.

Not really. But you never know. We are taking June off, there's just too much going on next month in startup-land. So this will be the last one for a little while. And that got me thinking: When is this going to end?

1) The Mission is Accomplished.

The mission is to help create a stronger environment (not ecosystem, not community) for startups. I want to do that by giving you news, opinion, viewpoint, resources, and connections in a real-world and digital environment that you can't find anywhere else.

(Motivation? No. If you don't have motivation, you probably shouldn't be an entrepreneur until you find the idea that motivates you.)

So there's still plenty of mission left. If you want to be a part of that mission, RSVP and show up on Monday.

2) People Stop Showing Up

I've said this a couple times, but I'm not interested in breaking attendance records. I think we may have even peaked last fall with the ridiculous 200+ Socials in Durham and in Raleigh. Those were madhouses, and actually started working against the philosophy, when it got harder and harder to talk to people, let alone get to talk to most of the people who showed up.

Yeah, there's a blow-off-steam factor to the Social that sort of goes hand-in-hand with the help factor. But I'd rather a few people get a lot out of it than turn it into a fraternity party.

Social is the perfect term for it. It's not a networking event, but I don't want it to become a throwdown either. I don't need to reach everyone all the time, but I and a whole lot of other people want to see you, so please RSVP and show up.

3) The Space Gets Too Crowded

I don't consider ExitEvent to be a startup support organization, at least not in the traditional sense. But my thinking is this: If an entrepreneurial support organization is concerned about the competition, that organization needs to get out of the helping entrepreneurs business.

That's just not what it's for. So I'm not worried, not one iota, about competition. In fact, I don't think there can be enough support for entrepreneurs. I think the best (and probably cheapest) way to help entrepreneurs is to put them in a room with other entrepreneurs. Which means you. So RSVP and show up on Monday.

4. I Don't Have Enough Time

This is the only item in the list that might actually have some for-real quotient, but not for the reasons you might think. When I first started doing ExitEvent, even before I came on board to Automated Insights, I told myself (and promised my wife) that I would spend three hours a week on it, no more than five.

ExitEvent has been, as far as I'm concerned, extremely successful in its own way of helping create a stronger startup environment here in Durham, and in Raleigh, and Charlotte, and in North Carolina, and to a lesser extent in other areas.

ExitEvent also makes money. And it could make serious money, with just what's in place today and a little extra effort, all without charging the entrepreneurs (see item #3 above).

This is viable.

Imagine if someone actually spent more than three hours a week on it. I've been thinking about that and I continue to think about that.

So here's the deal. This isn't the last ExitEvent, but it might be the best ExitEvent. I think each one has been better than the last. When that stops, when I find that I don't have the time to keep ExitEvent effective and viable. If it's no longer solving the problem, then ExitEvent stops.

Until then, RSVP and show up on Monday.